Jesse Pinkman Posted January 7, 2016 Share Posted January 7, 2016 As per my earlier posts. As the economy stabilises and starts to rise SportsDirect will start to suffer. Link to post Share on other sites More sharing options...
Heron Posted January 7, 2016 Share Posted January 7, 2016 Have Leicester spent £50m+ in successive windows? The culture of the club is riddled with an acceptance of failure. That's what holds us back more than anything, and what won't change until he's gone. You can't put this Newcastle United right with a few players, not now. Exactly this. Link to post Share on other sites More sharing options...
Matt Posted January 8, 2016 Share Posted January 8, 2016 Sports Direct shares have taken a hammering today, down nearly 9%. NUFC won't be MA's focus right now. Link to post Share on other sites More sharing options...
Mistle17 Posted January 8, 2016 Share Posted January 8, 2016 Have Leicester spent £50m+ in successive windows? The culture of the club is riddled with an acceptance of failure. That's what holds us back more than anything, and what won't change until he's gone. You can't put this Newcastle United right with a few players, not now. Exactly this. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Sports Direct shares have taken a hammering today, down nearly 9%. NUFC won't be MA's focus right now. Holy shit, down almost 12% now: http://www.lse.co.uk/shareprice.asp?shareprice=spd Down from 737 on December 2nd to 452 right now and plumetting like a brick. Is this all down to "China" or is anything happening specific to SD? Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Another procent down inside 5 minutes. This is glorious. The cunt could be destitute by the end of the day at this rate Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Ah, found why: http://www.ft.com/fastft/2016/01/08/sports-direct-warns-on-profits/ Link to post Share on other sites More sharing options...
Optimistic Nut Posted January 8, 2016 Share Posted January 8, 2016 Would be interesting to see what would happen to Newcastle if one day some rich t*** bought his shares in SD? Maybe that could be our best escape route? Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Down 13% now. According to this he owns 55,14% of SD shares. Don't know exactly how money, but he must be losing hundreds of millions today, and probably well over a billion since last month. Could this have an impact on NUFC? Surely he will be looking to sell valuable assets if this continues? Link to post Share on other sites More sharing options...
Matt Posted January 8, 2016 Share Posted January 8, 2016 He's down about £290m today. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 He's down about £290m today. How many shares does he have? Wondering how much he is down since the start of December. Link to post Share on other sites More sharing options...
Jesse Pinkman Posted January 8, 2016 Share Posted January 8, 2016 Aren't all shares plummeting at the moment though? Link to post Share on other sites More sharing options...
Optimistic Nut Posted January 8, 2016 Share Posted January 8, 2016 Down 13% now. According to this he owns 55,14% of SD shares. Don't know exactly how money, but he must be losing hundreds of millions today, and probably well over a billion since last month. Could this have an impact on NUFC? Surely he will be looking to sell Sissoko & Perez if this continues? Link to post Share on other sites More sharing options...
Interpolic Posted January 8, 2016 Share Posted January 8, 2016 He's down about £290m today. I know a way he could claw that kind of money back Link to post Share on other sites More sharing options...
nfrederi Posted January 8, 2016 Share Posted January 8, 2016 http://www.theguardian.com/business/2016/jan/08/sports-direct-issues-profit-warning-poor-christmas-sales Not had a good month ..................A tax aviodence scandle to blow up in his face now would be perfect ratchette up some pressure Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Ok, so assuming this is correct he holds around 577 million SD shares. He's lost 70p per share today (403m) and counting. Since December 2nd he will have lost around 1.7 billion. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted January 8, 2016 Share Posted January 8, 2016 The value has gone down, but that might be temporary. It's obviously bad for him, but it's not like losing a billion in cash. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted January 8, 2016 Share Posted January 8, 2016 What a shame for the lad. Link to post Share on other sites More sharing options...
Optimistic Nut Posted January 8, 2016 Share Posted January 8, 2016 He'll no doubt peg a lot back during the Euros. Four home nations' kits at £50 a pop will boost things. Link to post Share on other sites More sharing options...
Interpolic Posted January 8, 2016 Share Posted January 8, 2016 The value has gone down, but that might be temporary. It's obviously bad for him, but it's not like losing a billion in cash. Areet Lee Ryder. Link to post Share on other sites More sharing options...
Matt Posted January 8, 2016 Share Posted January 8, 2016 How many shares does he have? Wondering how much he is down since the start of December. SD peaked in August at 815p a share and is down around 46% since then. Ashley's holding (assuming its been constant at 55%) has fallen in value from about £2.68bn to £1.43bn, so that's a cool £1.25bn off his stake. By comparison, the FTSE100 is down 11% in the same period. A bit like the fans at NUFC, a lot of shareholders do not like the way he runs the business- some are vocal about it and others keep quiet as long as results are on track. But when things aren't performing, all those governance issues (working practices at Shirebrook, USC, appointing his daughter's boyfriend etc) all come to the fore. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 How many shares does he have? Wondering how much he is down since the start of December. SD peaked in August at 815p a share and is down around 46% since then. Ashley's holding (assuming its been constant at 55%) has fallen in value from about £2.68bn to £1.43bn, so that's a cool £1.25bn off his stake. By comparison, the FTSE100 is down 11% in the same period. A bit like the fans at NUFC, a lot of shareholders do not like the way he runs the business- some are vocal about it and others keep quiet as long as results are on track. But when things aren't performing, all those governance issues (working practices at Shirebrook, USC, appointing his daughter's boyfriend etc) all come to the fore. Did you find out how many shares he owns? I calculated it as around 577m based on that Guardian article I linked which said he had sold 2,6% of his stake or 15,4m shares early last year. Link to post Share on other sites More sharing options...
TRon Posted January 8, 2016 Share Posted January 8, 2016 Down 13% now. According to this he owns 55,14% of SD shares. Don't know exactly how money, but he must be losing hundreds of millions today, and probably well over a billion since last month. Could this have an impact on NUFC? Surely he will be looking to sell valuable assets if this continues? Why? Unlike shares in his shitty company, the premier league money is rock solid. It's only his own lack of investment which might end up jeapordising that if we get relegated and that's totally self inflicted. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Down almost 16% today. Seriously, he could well be in trouble here. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted January 8, 2016 Share Posted January 8, 2016 Down almost 16% today. Seriously, he could well be in trouble here. His worth is down today but he isn't going to suddenly sell all his shares today. He's more likely to buy shares in SD while they are relatively low (from their highest). That's what he's done in the past. Since buying NUFC his worth has gone from over £1BN, to less than £1BN, to over £3BN. Shares are long term investments. I doubt he's watching his share value on a day by day basis. Link to post Share on other sites More sharing options...
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